Blockchain

Story: Chainlink (LINK) Sergey Nazarov at Consensus 2021 on Future of Smart and Hybrid Contracts

By James Thorp

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The release of the new ChainLink 2.0 White Paper has all the details that was covered in the recent Webinar by Sergey Nazarov at Consensus 2021.

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"Recently there was a correction in the market and things substantially changed in terms of prices, there were a lot of updates by oracle networks.

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Only few people are able to realize how far reaching this technology could become. Many of them are literally betting on Sergey.

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Sergey Nazarov at Consensus 2021 stated, generally speaking it is ideal to understand where oracle networks sit on the continuum of security and feature richness.

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At the same time centralized web servers are highly performing, very rich and super connected to all the world’s data and services, but they are not trust minimized.

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So, oracle networks are a key kind of innovation on how more advanced smart contracts are built.

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